22nd Sep 2011 15:00
AdEPT Telecom plc
("AdEPT Telecom" or the "Company")
Result of AGM
AdEPT Telecom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held at 11.00am today, all the proposed resolutions were duly passed.
Roger Wilson, Chairman of AdEPT Telecom, commenting at the Company's AGM said:
"I am pleased to report that the Company is in a much stronger position with its increasing ability to provide complex multi-site, multi-product solutions to larger customers. The further broadening of the product offering, particularly with regard to data connectivity and VoIP solutions, will ensure that the Company can continue to provide complete communication solutions for customers. The Company has maintained profitability and continued to be highly cash generative, with a further £1.8m net debt reduction in the year ended 31 March 2011."
For further information on AdEPT Telecom please visit www.adept-telecom.co.uk or contact:
AdEPT Telecom Plc
Roger Wilson, Chairman 07786 111 535
Ian Fishwick, Chief Executive 01892 550 225
John Swaite, Finance Director 01892 550 243
Northland Capital Partners Limited
Shane Gallwey 020 7796 8800
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent providers of voice and data telecommunications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile and data connectivity products. AdEPT's tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT, Cable & Wireless and Carphone Warehouse. The Company employs 46 members of staff at its offices in Tunbridge Wells, Kent.
AdEPT Telecom is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk
Related Shares:
ADT.L